The average inflation rate in Sierra Leone was forecast to continuously decrease between 2024 and 2029 by in total 29.1 percentage points. According to this forecast, in 2029, the inflation will have decreased for the sixth consecutive year to 7.5 percent. Following the definitions provided by the International Monetary Fund, this indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. Depicted here is the year-on-year change in said index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Niger, Cape Verde, and Liberia.
Sierra Leone: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
7.5%
2028*
8.5%
2027*
10.2%
2026*
13.15%
2025*
17.95%
2024*
36.58%
2023
47.72%
2022
27.21%
2021
11.87%
2020
13.45%
2019
14.8%
2018
16.03%
2017
18.22%
2016
10.89%
2015
6.69%
2014
4.64%
2013
5.52%
2012
6.59%
2011
6.79%
2010
7.19%
2009
7.47%
2008
8.21%
2007
16.98%
2006
10.53%
2005
13.7%
2004
12.92%
2003
3.99%
2002
0.12%
2001
2.57%
2000
-0.92%
1999
34.09%
1998
35.99%
1997
14.56%
1996
23.14%
1995
25.99%
1994
24.2%
1993
22.2%
1992
65.5%
1991
102.69%
1990
110.95%
1989
60.8%
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IMF. (October 22, 2024). Sierra Leone: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1044774/inflation-rate-in-sierra-leone/
IMF. "Sierra Leone: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1044774/inflation-rate-in-sierra-leone/
IMF. (2024). Sierra Leone: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1044774/inflation-rate-in-sierra-leone/
IMF. "Sierra Leone: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1044774/inflation-rate-in-sierra-leone/
IMF, Sierra Leone: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/1044774/inflation-rate-in-sierra-leone/ (last visited November 05, 2024)
Sierra Leone: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1044774/inflation-rate-in-sierra-leone/